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so this issue of the power of government, the role of government is certainly part of that. now, this is different than distrust in the government. it's certainly part of it. but it's one particular element. >> and did i understand you to say it's independents as well as republicans? >> right. many of them are the independents that lean republicans. the democrats are less of this view. but if we went back to the bush years the democrats were more inclined to say than the republicans that the government personally threatened them. now, they were worried about different things. they were worried about warrantless wiretaps and the loss of personal freedoms and a war against terrorism but there's kind of a regime effect but the public both right and left really are quite worried that government is going to threaten what the values and thing that they hold. >> woodruff: how has this changed over time since you've been polling. >> it's been an up-and-down thing. it relates to the things that are going on in the issues that are in play. >> woodruff: and we're showing -- i think thi
so this issue of the power of government, the role of government is certainly part of that. now, this is different than distrust in the government. it's certainly part of it. but it's one particular element. >> and did i understand you to say it's independents as well as republicans? >> right. many of them are the independents that lean republicans. the democrats are less of this view. but if we went back to the bush years the democrats were more inclined to say than the republicans...
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Jan 29, 2013
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we are the anti-government government. you remember our origins. it was leaving the british in getting local control. anti-governmentism has always been part of the american ideologies. for the most part in the broad picture, it is more at the lip service level than at the pragmatic level. we worship jefferson and we follow hamilton. the government does plenty here. by european standards, we have small government in the united states. >> we will probably carry on doing so. thank you for coming in. >> thank you. it was a book that jane austen described as her own darling child. "pride and prejudice" has grown up. the past decade have seen an explosion of sequels and spinoffs. it is something she never could have imagined. our editor reports on this enduring popularity of elizabeth bennet. >> a rare, up 200 year old first edition of "pride and prejudice" a novel about five unmarried sisters with the famous opening line. >> is a truth universally acknowledged that a single man in possession of good fortune must be in looking for a wide. >> jane austen
we are the anti-government government. you remember our origins. it was leaving the british in getting local control. anti-governmentism has always been part of the american ideologies. for the most part in the broad picture, it is more at the lip service level than at the pragmatic level. we worship jefferson and we follow hamilton. the government does plenty here. by european standards, we have small government in the united states. >> we will probably carry on doing so. thank you for...
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Jan 31, 2013
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can you really be his government with these weapons? >> -- beat his government with these weapons? >> it is not enough, but we hope to get some help from outside of syria. we have to work step-by-step. >> the work in this workshop. they want heavier weapons from countries that support their cause, but there's still a rudimentary fight. and thereby making begins. >> a rare look inside of the bomb factory of the rebels. she struggles to get the words ut but gabrielle giffords' message was crystal clear -- the time for gun-control is now. she made her appeal to a u.s. senate committee considering tighter gun laws. she spoke two years after she suffered a shot in the head in arizona. news came in of another shooting in phoenix. >> another day, another mass shooting. this one in phoenix. three were injured, one quickly. the politicians were hearing evidence about plans for new gun controls. president obama has a powerful new ally, a politician, a survivor. allies, but her awkward steps show not fully recovered from the bullet that passed through her brain. her husband leading the way. f
can you really be his government with these weapons? >> -- beat his government with these weapons? >> it is not enough, but we hope to get some help from outside of syria. we have to work step-by-step. >> the work in this workshop. they want heavier weapons from countries that support their cause, but there's still a rudimentary fight. and thereby making begins. >> a rare look inside of the bomb factory of the rebels. she struggles to get the words ut but gabrielle...
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Jan 26, 2013
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and governing. yet he's the governor of a state. all of these others have -- they're trying to put in place in the states a conservative model for governing. i thought there might be more in that was their reaction to that within the party about what he wasn't saying or what he should have been saying in that context? >> i think the sense of his message on how do you balance the fact you're going to run a government but he's saying let's not get trapped in a conversation about government, that disconnect isn't what captured the people there. it was don't stay stupid things. again, great advice but, you know, that's not a long-term vision. that's not a long-term plan. gwen: here's the part we're talking about. what is happening in washington is governing. it's messy, it's not pretty to look at. right now what we're facing are too more deadlines. march 1 deadline, which means across the board budget cuts could kick in and to listen to paul ryan this week will kick in. at the end of march, potential go
and governing. yet he's the governor of a state. all of these others have -- they're trying to put in place in the states a conservative model for governing. i thought there might be more in that was their reaction to that within the party about what he wasn't saying or what he should have been saying in that context? >> i think the sense of his message on how do you balance the fact you're going to run a government but he's saying let's not get trapped in a conversation about government,...
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Feb 2, 2013
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>> so the answer should be another stimulus package, tax cuts, more government spending? >> there are people who argue that. gwen: there's no political appetite for it. >> it is not going to happen. what kruger is talking about, the president's economist is let's not cuts too fast. the only way we could get anything that resembles stimulus if we got a long-term spending thing but that looks unlikely. >> there was criticism by the republicans this week over the white house's decision to disband -- disband the president's jobs council. what was this and what difference does it make? >> i don't think it makes any difference at all. i love republicans criticizing the president for disbanding something they said didn't do anything in the first place. it seemed like it was an act of political theater that had run its course. the president hadn't met with them over a year. it never had any purpose other than p.r. gwen: now just another blue ribbon commission. >> even worse. >> there was a lot of talk on capitol hill this week about the upcoming budgets cuts and whether or not th
>> so the answer should be another stimulus package, tax cuts, more government spending? >> there are people who argue that. gwen: there's no political appetite for it. >> it is not going to happen. what kruger is talking about, the president's economist is let's not cuts too fast. the only way we could get anything that resembles stimulus if we got a long-term spending thing but that looks unlikely. >> there was criticism by the republicans this week over the white...
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Feb 1, 2013
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and i came back to the profession of politics by covering state government in tennessee, city government in nashville first, and then state government, and writing about corruption and doing investigative work. and when a congressional seat came open in my home area, i surprised myself and my family by saying, i think i'm going to run. and i really threw myself into it. and i loved it. i can't even describe in words the feeling that i had doing town hall meetings, even before i took office. i mean it was almost as if you could hear the battle hymn of the republic being hummed in the background. there really is a spirit and majesty to the essence of american democracy that is amazing. and when that is degraded, it really gets to me. and it should get to all of us. we have something really special here in this country. and we're seeing it, we're seeing it slip away from us. we can still say that, we have to. >> rose: let's speak to that for a moment. how do we say that. >> we got to get big money out of it in a larger structural sense, i do thirx and i wrote about this in the book also, th
and i came back to the profession of politics by covering state government in tennessee, city government in nashville first, and then state government, and writing about corruption and doing investigative work. and when a congressional seat came open in my home area, i surprised myself and my family by saying, i think i'm going to run. and i really threw myself into it. and i loved it. i can't even describe in words the feeling that i had doing town hall meetings, even before i took office. i...
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Jan 29, 2013
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are they having to govern that as technology evolves pretty rapidly? it's more than just facebook and twitter, right? >> it is. i think that the corporations that are writing these laws now have to be nimble enough to change the laws as new, more popular sites like engram or pin-terest come along not just facebook and twitter. >> this is where we all live now. the law is murky and evolving. if you're going to complain online, i would advise being a little bit careful because you might have to hire a lawyer even if you ultimately win. >> what you're saying is this is where we all live online. that's not true. there is a large percentage of the older population that refuses to do facebook and most... many are retired so this discussion wouldn't apply to them. >> every year that changes as the younger people who grew up with this technology move up in the corporate world. >> sure. help people understand this a little bit as well. if you have 100 facebook friends and your boss isn't one of them how could you even get some trouble from your employer? >> bec
are they having to govern that as technology evolves pretty rapidly? it's more than just facebook and twitter, right? >> it is. i think that the corporations that are writing these laws now have to be nimble enough to change the laws as new, more popular sites like engram or pin-terest come along not just facebook and twitter. >> this is where we all live now. the law is murky and evolving. if you're going to complain online, i would advise being a little bit careful because you...
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Jan 31, 2013
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just saying more government or less government, the government pays, note individual pays, that doesn't start to get at the transcribe prb -- >> rose: that's an economic issue, controlling health care for our economic future, is it not? >> that's right. and we should get the smartest people looking at how we use innovation, better systems design, better competition, how we use that to take that cost curve and get it more in line with economic growth. >> rose: you have a lot of free time. why don't you go to washington and say give me a chance. i'll put together a governor romney and we'll fix this? >> i think at some point the country is going to need to do that -- >> rose: do what. bring together a lot of i.q. on the problem. >> on health care costes, absolutely. right now, there's a lot of incentives to invent expensive cures that don't have much impact. and there's actually disincentive to do some of the things that would make the system less expensive. and that's not going to be an overnight thing. but at some point, the politicians will realize they need to pull together expertise.
just saying more government or less government, the government pays, note individual pays, that doesn't start to get at the transcribe prb -- >> rose: that's an economic issue, controlling health care for our economic future, is it not? >> that's right. and we should get the smartest people looking at how we use innovation, better systems design, better competition, how we use that to take that cost curve and get it more in line with economic growth. >> rose: you have a lot of...
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Feb 2, 2013
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we have the model where's the federal government is going to do it all. and then they've got several model where there will be a hybrid. >> from the political point of view, population the states are turning over to the federal government in the exchanges is a working class population that is much. of the political base of the political system. it's not the poorest people. it's people that get up every day and go to work, don't make a lot of money, and for the most part, who vote. >> one other stakehold they're i want to ask you about, and that's the shareholder in for-profit health care companies. is there room for profit in that kind of health care system? >> i don't think there's any question that profit when it come cans to new products, when it comes to new system, when it comes to new services will always be a part of our system as well. >> if you want a robust pharmaceutical industry, which is very dynamic in this country and around the world, medical devices, you would go back and say there san appropriate role for the federal government here. it
we have the model where's the federal government is going to do it all. and then they've got several model where there will be a hybrid. >> from the political point of view, population the states are turning over to the federal government in the exchanges is a working class population that is much. of the political base of the political system. it's not the poorest people. it's people that get up every day and go to work, don't make a lot of money, and for the most part, who vote....
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Jan 26, 2013
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demonstrators attacked police trying to protect government buildings. inevitable retaliation by security forces reminiscent of the protests of the past caused new anchor. -- new anger. this evening, there is news of more clashes in cairo and elsewhere. more injuries and no deaths as well. a historic day, but this is no celebration. a lot of parallels have been drawn between what happened today and two years ago. a lot of the slogans in tahrir square were remarkably similar. in the city of suez, there were five us today. two years ago, there were three deaths that ultimately toppled the ministry. >> two years ago, the protests in egypt led to the overthrow of hosni mubarak. what impact do you think these protests might have that we're seeing now? >> president morsi and the muslim brotherhood will be nervous about what they have seen today. it is important to say while there is disillusionment, things have not gone as people fought -- thought he debuts ago. the pace of change has not been great. we're talking about a split between the liberals and those i
demonstrators attacked police trying to protect government buildings. inevitable retaliation by security forces reminiscent of the protests of the past caused new anchor. -- new anger. this evening, there is news of more clashes in cairo and elsewhere. more injuries and no deaths as well. a historic day, but this is no celebration. a lot of parallels have been drawn between what happened today and two years ago. a lot of the slogans in tahrir square were remarkably similar. in the city of suez,...
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government spending dropped, most dramatically in the defense sector. the report, though, also contained some positive developments: consumer spending and business investment were both up. and yesterday, the so-called case-shiller index found that housing prices grew in 20 major cities by an average of 5.5% over the previous year. it was the biggest gain in six years. we talk it through, with joel naroff, an economist, who heads his own consulting firm in pennsylvania. and roben farzad, a senior writer with bloomberg businessweek. joel naroff, let me start with you. this was a surprise to most people. what's behind the kr-pgs last quarter? >> well, it was largely the government's doing between the largest cutback of 40 years in defense which took well over a percentage point of growth out and the fears of falling off the fiscal cliff which caused businesses to be really, really cautious in their inventories and they failed dramatically, taking another percentage point or more out. those were the basic reasons. but, you know, as was noted, when you look
government spending dropped, most dramatically in the defense sector. the report, though, also contained some positive developments: consumer spending and business investment were both up. and yesterday, the so-called case-shiller index found that housing prices grew in 20 major cities by an average of 5.5% over the previous year. it was the biggest gain in six years. we talk it through, with joel naroff, an economist, who heads his own consulting firm in pennsylvania. and roben farzad, a...
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Jan 31, 2013
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he referred to the government of iran as legitimately elected. he apologized for saying that israel had arranged a slaughter of its enemies. he was defending his views on iran. on israel, they think he is not friendly enough. in the end, i don't think we learned a lot about him, really. in the past, he had expressed traditionally dovish liberal foreign policy positions even though he used to be a republican. he was moving back from those same more of what the republican senators wanted to hear. >> they are learning how fit someone it is for the job. >> we learn to really nothing about how he would perform the job, whether he knew stuff. whether he had ideas, what his plans were. all we got was a statement of his position and it struck me that at some exchanges, they wanted to design a gotchsa moment. they were too concerned and pompous. he started to get an answer, they said, we don't want information. >> this is the actress, is a bit. this is the senator's plane to their own -- playing to their own constituents. >> wendy is long statements are p
he referred to the government of iran as legitimately elected. he apologized for saying that israel had arranged a slaughter of its enemies. he was defending his views on iran. on israel, they think he is not friendly enough. in the end, i don't think we learned a lot about him, really. in the past, he had expressed traditionally dovish liberal foreign policy positions even though he used to be a republican. he was moving back from those same more of what the republican senators wanted to hear....
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Jan 27, 2013
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the things the government has to be involved in. the air, the water goes from state to state, city to city. one place cannot do it. it has to be the business -- the regulation of how you protect with all of that has to be the business of the federal government. >> could i get half a minute of the bottle? cap and trade worked well for acid rain. acid rain stays in our country. i am not against regulated carbon. if you can get china and india to do something. if they do not, we are spinning in the wind. we are dismantling our economy to do absolutely nothing for the global climate. if you have china and india do what we are doing, intending to do, you would actually make a change that would make a difference. otherwise, what we're doing is dismantling our industry and essentially exporting it to china and india, where all of the carbon pollution is coming from. >> dealing with china and india is the job of the state department. hillary clinton. >> we were misled and there were protests and that the assault sprang out of that. >> with
the things the government has to be involved in. the air, the water goes from state to state, city to city. one place cannot do it. it has to be the business -- the regulation of how you protect with all of that has to be the business of the federal government. >> could i get half a minute of the bottle? cap and trade worked well for acid rain. acid rain stays in our country. i am not against regulated carbon. if you can get china and india to do something. if they do not, we are spinning...
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progress does not compel us to settle centuries long debate about the role of government for all-time, but it does require us to act in our time. >> question. given this passage is there any doubt in your mind that president obama's view is that the u.s. constitution is antiquated? >> i wouldn't say antiquated but i would say that it's pastime for people to hide behind the constitution and fail to face the challenges of today. and the most immediate issue that comes to mind, of course, is gun violence. and to rely on a second amendment that basically talks about creation -- creating militias to put down rebellion to apply that today to an unfettered right to have assault weapons with 30 or 60 rounds so you can go out and gun down little children, that then the constitution can be interpreted in a more elastic way. >> don't you think he's doing us a favor by remaining us that it is a living document and it must be accommodated to the conditions of today, but that doesn't necessarily has to be ripped apart or ignored in any respect. >> i agree with both sides of what you just said but i
progress does not compel us to settle centuries long debate about the role of government for all-time, but it does require us to act in our time. >> question. given this passage is there any doubt in your mind that president obama's view is that the u.s. constitution is antiquated? >> i wouldn't say antiquated but i would say that it's pastime for people to hide behind the constitution and fail to face the challenges of today. and the most immediate issue that comes to mind, of...
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government reorganization we've done differently. we've managed in a very short period of time to really try to maintain that authentic culture but actually try to find a new way to do business going forward. >> as you know when hurricane hit here it hit the northward with huge force. and so many people suffered so much. and questions were raised about race and other issues. where are you in rebuilding the northward? where are you in trying to, whatever those scars were, get them to heal. >> yes, well let me say this. the storm did not discriminate. this storm, and people have a hard time envisioning this, really put the entire city underwater, not just the 9th ward. the lake view, again tilly, black neighborhood, white neighborhoods, old neighborhood, newer nab hoods got completely wiped. not every part of the city is back. and this is not a surprise. the best quote about it he said when it gets cold, the poor get korld and when if gets hot, the poor get hotter. and we have found that in the recovery as well. for people who had chan
government reorganization we've done differently. we've managed in a very short period of time to really try to maintain that authentic culture but actually try to find a new way to do business going forward. >> as you know when hurricane hit here it hit the northward with huge force. and so many people suffered so much. and questions were raised about race and other issues. where are you in rebuilding the northward? where are you in trying to, whatever those scars were, get them to heal....
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Jan 26, 2013
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he is the son of a holocaust survivor who ended up in the government here. but he had gone really quite his own direction. he's been a television talk show host and a very popular columnist. he has written thrillers and children's books and a play am and he has even act in a movie. so really it was, as i said, just a year ago that he said he was leaving it all for politics. and his last column was something called where is the money? and that is where he let out, set up for his theo which is the burden to society has to be shared more equally. >> so margaret when you think about the implications of his coming government for any movement in the israeli-palestinian struggle or relations with the u.s. i just wonder what you have seen in israel in terms of division. how divided does it feel politically and culturally? >> well, it was just within israeli society, jeff, there is much greater division culturally than i even notice. i have been here for about six years. in the old divide used to be over how much and how to deal with the era of the palestinians, in p
he is the son of a holocaust survivor who ended up in the government here. but he had gone really quite his own direction. he's been a television talk show host and a very popular columnist. he has written thrillers and children's books and a play am and he has even act in a movie. so really it was, as i said, just a year ago that he said he was leaving it all for politics. and his last column was something called where is the money? and that is where he let out, set up for his theo which is...
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Jan 31, 2013
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if we get some major dramatic government spending cuts, as of, let's say, march 1st, when that mechanism kicks in, the fed will have to take that into account. >> well, there is only so much that the fed can do. they say they can provide the necessary conditions for recovery, making sure that credit is flowing, and the banking system is operateing. but it is not sufficient if there is all of this fiscal uncertainty and fiscal shenanigans that are going on. it will make people pull back from investing, and there is only so much the fed can do. >> susie: we have this big jobs report that is coming out on friday. i'm wondering what you're expecting? do you think we're going to have a robust number, something that encourages that businesses are stepping up their hiring? >> i think we'll continue to see what we've been seeing, reasonable private sector job growth. not enormous, but it is reasonable. it is gradually having the unemployment rate move down. the real challenge and the interesting thing to look at is there are so many discouraged workers that they just leave the labor force. somet
if we get some major dramatic government spending cuts, as of, let's say, march 1st, when that mechanism kicks in, the fed will have to take that into account. >> well, there is only so much that the fed can do. they say they can provide the necessary conditions for recovery, making sure that credit is flowing, and the banking system is operateing. but it is not sufficient if there is all of this fiscal uncertainty and fiscal shenanigans that are going on. it will make people pull back...
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Jan 29, 2013
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the protests are aimed at president mohamed morsi and his islamist-dominated government. evidence of a new massacre surfaced in syria today. at least 65 bodies were found in aleppo. the victims had been bound and shot in the head, but it was unclear who was responsible. meanwhile, the plight of thousands of refugees continued to worsen. some have even sought shelter in ancient ruins at serjilla, in northwestern syria. john irvine of independent television news reports. >> three weeks old. reporter: and what a world she's been born into. for her home is a hole in the ground. it was dug by the romans who used it to stable life stock. these are the ruins of a byzantine city that's been reoccupied by hundreds of people, desperate syrians forced by a modern war machine to retreat into an ancient life where they must wait for goliath to be toppled. this sub terrainian stable is now home to 60 members of an extended family. the mate remark told me their proper home was obliterated by a syrian army bomb. in what was the pa trishian part of the ancient city, a child sleeps in a to
the protests are aimed at president mohamed morsi and his islamist-dominated government. evidence of a new massacre surfaced in syria today. at least 65 bodies were found in aleppo. the victims had been bound and shot in the head, but it was unclear who was responsible. meanwhile, the plight of thousands of refugees continued to worsen. some have even sought shelter in ancient ruins at serjilla, in northwestern syria. john irvine of independent television news reports. >> three weeks old....
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Feb 2, 2013
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a sense of abandonment from the government. the fact that it's now opened its doors seven years later to america's biggest supporting event is also a symbol of justice how -- sporting event is another symbol of just how far this city has come. even in the lower ninth ward there's a splash of color. however bizarre. a few streets of new homes brad pitt helped to build. but it's not enough. there were thousands of houses here before this levee broke and the whole place was leveled. it's still a wasteland of empty lots and abandoned homes where few have returned. >> this house has been sitting here with this tree on top of it since hurricane katrina. >> vanessa has seen little change. despite all the money pledged to her neighborhood. >> the money that was given by the federal government to give to homeowners to are -- to rebuild in this community has been redirected to upgrades for the superdome. has been redirected for upgrades in the quarter. and downtown new orleans. >> hosting the super bowl in the superdome is a huge boost f
a sense of abandonment from the government. the fact that it's now opened its doors seven years later to america's biggest supporting event is also a symbol of justice how -- sporting event is another symbol of just how far this city has come. even in the lower ninth ward there's a splash of color. however bizarre. a few streets of new homes brad pitt helped to build. but it's not enough. there were thousands of houses here before this levee broke and the whole place was leveled. it's still a...
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Jan 29, 2013
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activists had no doubt that the killings were the work of regime forces took the government officials said the victims had been kidnapped and killed by armed rebels. the rebels themselves are advancing in the east of the country. after a fierce battle, they overran a government intelligence headquarters, setting free a number of prisoners. but, the regime has been hitting back hard in many areas. around damascus, homs, hamaa. might have lost a lot of the all areas but they are determined to hang on to the big cities and strike out from there. bashar al-assad is being reported as telling visitors that the army has regained the initiative on the ground and has scored some important successes that will become apparent soon. as another sign that the regime has life in it, his british wife is also pregnant. >> this conflict and syria is going to be one of the most pressing problems waiting for senator john kerry as he takes over as secretary of state. today, his colleagues of a woman reconfirm him to succeed hillary clinton. before she goes, a secretary clinton sat down with our state depa
activists had no doubt that the killings were the work of regime forces took the government officials said the victims had been kidnapped and killed by armed rebels. the rebels themselves are advancing in the east of the country. after a fierce battle, they overran a government intelligence headquarters, setting free a number of prisoners. but, the regime has been hitting back hard in many areas. around damascus, homs, hamaa. might have lost a lot of the all areas but they are determined to...
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Feb 3, 2013
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he spoke about the government of iran as illegitimate the elected government. we know that the revolution of 2009 was part by the fact that it was a rigged election, an illegitimate economy. the clip i wanted you to show was the one in which he said, he was asked about the policy of containment. it was not a bad during issue. he says, yes, i support the administration's policy of containment. he then gets a note that says, i have been told that i made a mistake. of course i am not in support of that. a policy of this administration on containment is that it does not have a policy of containment. at which point democratic senator levin had to rescue him and said, in fact, the administration has a policy of containment, and it is to oppose it. he was clueless. >> colby? >> he was in the position where he had to dodge a little bit. let's go back to the exchange with senator mccain on the surge. the issue was never the surge when you talk about iraq. the issue, as senator nelson from florida said, going into iraq because we thought there were weapons of mass destru
he spoke about the government of iran as illegitimate the elected government. we know that the revolution of 2009 was part by the fact that it was a rigged election, an illegitimate economy. the clip i wanted you to show was the one in which he said, he was asked about the policy of containment. it was not a bad during issue. he says, yes, i support the administration's policy of containment. he then gets a note that says, i have been told that i made a mistake. of course i am not in support of...
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but in pakistan the government is still providing shelter for the taliban. and there's still no real solid ra approachment between us and then. so it is very hard to see that her soothing, her repairing of applianc appliance-- alliances necessarily resulted in concrete policy achievements. >> suarez: susan, wasn't it a pretty complicated mess, not only where places as trudy knows, like pakistan, but even with some of america's closest allies. >> well, that's exactly right. i mean these are times where, you know, you play the hand you are dealt as secretary of state not only because the white house decides the big picture policy. but the world over the last four years has been a complicated place who would have expected that actually europe our closee-- closest allies would have been in a period of enormous internal turmoil greater than anything they have seen since the end of world war 2. so clinton was left to manage those relationships. i think i would say that she was often a soother, but often as not she was also someone who would speak out in a tough ma
but in pakistan the government is still providing shelter for the taliban. and there's still no real solid ra approachment between us and then. so it is very hard to see that her soothing, her repairing of applianc appliance-- alliances necessarily resulted in concrete policy achievements. >> suarez: susan, wasn't it a pretty complicated mess, not only where places as trudy knows, like pakistan, but even with some of america's closest allies. >> well, that's exactly right. i mean...
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Feb 1, 2013
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government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal, constellation wants to buyout grupo modelo's share of a joint venture the two have. shares fell hard, down 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. facebook shares were heavily traded today after last night's earnings results. but after an early sell-off, the stock was able to erase most of today's losses to end down 0.8%. at least four analysts downgraded the stock after the company reported a big jump in expenses, pinching its profit margins. research in motion also saw big volume, as shares sank 5.8%. it was the second session in a row of selling as the company unveiled its delayed blackberry 10, it's newest smartphone device. there was disappointment though the product won't be available in the u.s. until the middle of march. speaking of smart-phones, wireless semiconductor company qualcomm rallied 3.9% after a strong earnings report, and a better than expected o
government is moving to block budweiser's buyout of grupo modelo. constellation brands is a third company involved. as part of the deal, constellation wants to buyout grupo modelo's share of a joint venture the two have. shares fell hard, down 17.4%. it's buyout of the joint venture would double its revenues, something at risk now. facebook shares were heavily traded today after last night's earnings results. but after an early sell-off, the stock was able to erase most of today's losses to end...
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Jan 29, 2013
01/13
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government was teetering on the edge of default, the bond market looked like a good place to hide. and, now that it seems politics are out of the headlines, there's less of a need for investors to hunker down. but, some bond market pros say political risk is not going away for long. they point to the march first deadline for government spending cuts as a reason for investors to come back into bonds. >> it's always hard to parse the dialogue coming out of washington. but, it seems like the republicans want the sequester actually to go forward which would put the breaks on the economy at least to an extent and drive more people back into bonds. >> reporter: others say any return to bonds may be short- lived, as the u.s. economy is showing new signs of strength. >> i think we expect more improvements, moderate improvements. but, you know overall that's usually a cause or thought that rates could go higher. and, in that regard it's probably not a market that will have the same sort of returns that we've seen over the past two years. >> reporter: so, it seems most agree the bond market
government was teetering on the edge of default, the bond market looked like a good place to hide. and, now that it seems politics are out of the headlines, there's less of a need for investors to hunker down. but, some bond market pros say political risk is not going away for long. they point to the march first deadline for government spending cuts as a reason for investors to come back into bonds. >> it's always hard to parse the dialogue coming out of washington. but, it seems like the...
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Jan 28, 2013
01/13
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so for a few hours this past monday, the pomp and circumstance inspired us to think government of, by, and for the people really is just that, despite the predatory threats that stalk it. unfortunately, the mood didn't last. so help me, every now and then, as the cameras panned upward to that great dome towering above the ceremony, i was reminded of something the good feeling of the moment could not erase. it's the journalists' curse to have a good time spoiled by the reality beyond the pageantry. in particular on this crisp january day, i thought about the latest revelation of the skullduggery that often goes on in the shadows below that dome. just a couple of days before the inaugural festivities, "the new york times" published some superb investigative reporting by the team of eric lipton and kevin sack, and their revelations kept running through my mind. the story told us of a pharmaceutical giant, amgen, and three senators so close to it they might be entries on its balance sheet. republican minority leader mitch mcconnell, senate finance committee chair max baucus, a democrat --
so for a few hours this past monday, the pomp and circumstance inspired us to think government of, by, and for the people really is just that, despite the predatory threats that stalk it. unfortunately, the mood didn't last. so help me, every now and then, as the cameras panned upward to that great dome towering above the ceremony, i was reminded of something the good feeling of the moment could not erase. it's the journalists' curse to have a good time spoiled by the reality beyond the...
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Feb 3, 2013
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>> i think these numbers reflect the fact that government is shrinking and the defense department really pulled back in the last quarter of last year. it is a cautionary sign and looks like both parties are kind of sleepwalking their way toward a sequester. the ropes don't want to -- the republicans don't want to give up anything on the revenue side they would rather take a hit in spending. the democrats have protect social security, pell grants and medicaid, so they are not going to cave first. so if neither party blinks, the sequester will go ahead and we'll see further contraction in the economy. but you know, i'm not that glammy. i take my cue are from mark sandy, an accomplished economist. he says in 2013 we are going to go along with steady, modest growth but the housing market is truly come back and 2014 looks like. >>> tell mark the consumer confidence dropped from 58.6% to 58.6%. >> they want their payroll tax cut. >> declined december to january. >> they want the payroll tax cut, no wonder. >> the big picture job numbers that came out try were encouraging but even business expe
>> i think these numbers reflect the fact that government is shrinking and the defense department really pulled back in the last quarter of last year. it is a cautionary sign and looks like both parties are kind of sleepwalking their way toward a sequester. the ropes don't want to -- the republicans don't want to give up anything on the revenue side they would rather take a hit in spending. the democrats have protect social security, pell grants and medicaid, so they are not going to cave...
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Jan 26, 2013
01/13
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it's bad governing. i'm not going to go back and do that. i think you are going to hear the governor make this time and again that we want these programs, but if it's not long-term sustainable money, we shouldn't be spending it. >> since you're talking about long-term projects, john, he still wants the water tunnels. he still wants high-speed rail. how realistic are those goals given that there's so much uncertainty in the future? >> yeah. it's going to be fascinating. i mean, one of the things we got out of this speech is the split personality of jerry brown in a way. he's a guy who says, i'm tight-fisted, i'm going to watch every nickel. we're not going to spend too much money. then he says we're going to spend billions of high-speed rail and a water project through the delta. i think the water project is the first big hurdle here in sacramento. he's got to convince people about those underground tunnels that would go around the delta. that there's enough habitat restoration. a big fight with environmentalists. on high-speed rail, it's goi
it's bad governing. i'm not going to go back and do that. i think you are going to hear the governor make this time and again that we want these programs, but if it's not long-term sustainable money, we shouldn't be spending it. >> since you're talking about long-term projects, john, he still wants the water tunnels. he still wants high-speed rail. how realistic are those goals given that there's so much uncertainty in the future? >> yeah. it's going to be fascinating. i mean, one...
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Jan 30, 2013
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i took a loan out of the government because i was proud and i said dad you can't pay for grad school which he would have done but i would have fell more guilty with that. when he saw the elephant man ad i did it for my thesis i remember so clearly at that he looked at me and i saw him excited at the prospect that maybe his son could make a living as an actor. >> rose: because he saw you doing that. >> yes. and he's a huge -- he introduced film to me so he was the lover of acting, the storytelling through acting. so i guess he saw in that moment, i know what he said he said i did not see my son there. i saw the story. and i think he got excited that do you know what, maybe, maybe there's a shot. >> rose: what is it about the elephant man that's so grabbed your attention so early? >> it was the emotion that evoked in me that's what it was from seeing david lynch's film. my father would sort of, i wanted to emulate my father as a kid always wanted to wear a trench coat because he wore one. it was ridiculous i wore three piece suits in elementary school and my sister had to beat up the g
i took a loan out of the government because i was proud and i said dad you can't pay for grad school which he would have done but i would have fell more guilty with that. when he saw the elephant man ad i did it for my thesis i remember so clearly at that he looked at me and i saw him excited at the prospect that maybe his son could make a living as an actor. >> rose: because he saw you doing that. >> yes. and he's a huge -- he introduced film to me so he was the lover of acting,...
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states that the government cannot create jobs where the government can create government jobs the government can do things that help to create jobs in the private sector but it's my it's bad from the three thousand to. two dozen able to push that didn't save the banking sector save certain parts of it but it said you want to road and not save fuel save some jobs yeah but i didn't agree with the bailout it was a step by the stimulus package that we actually didn't agree with but you were you guys you know money comes from yes the bailout saved a bunch of jobs temporarily before it caused the need for the bailouts the first place the government policies you can't talk credit to the the tax money going to somebody's pocket with that money they may have created jobs in the process so it's not it was state of was the government's fault because it was because it's we know this for a fact i'm sorry the government urged pressured bribed really stay calm his concession always build houses like crazy that he did we got the bubble and the first thing the progressives did was look around and say who cou
states that the government cannot create jobs where the government can create government jobs the government can do things that help to create jobs in the private sector but it's my it's bad from the three thousand to. two dozen able to push that didn't save the banking sector save certain parts of it but it said you want to road and not save fuel save some jobs yeah but i didn't agree with the bailout it was a step by the stimulus package that we actually didn't agree with but you were you...